skinny.

Latest / Breaking News To Trading Moves

The Resurgence of Diversified Banking and Capital Markets Strength

Citi beats on trading and dealmaking: what the bank earnings read-through means for financial stocks

Citigroup just posted a strong earnings beat, helped by a surge in trading revenue during a volatile quarter and better investment banking activity. Citi delivered its highest quarterly revenue in a decade, with total markets revenue up 19%, equity markets fees up 39%, and banking division revenue up 15%.

Winners

Large money-centre banks

Citi’s numbers reinforce the idea that diversified universal banks are benefiting from elevated trading activity, stronger client flow, and resilient capital…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.